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attack. hillary clinton knew. susan rice knew and she went on national tv saying otherwise. president obama may well have known and we ask tonight why shouldent susan rice resign and why shouldn't hillary clinton resign and why doesn't the buck stop with obama himself? this evening, with 1.3% gdp collapsing business investment and a contraction in chicago fed manufacturing, our question is, is this a stall speed speed recovery or are the signs out there that we are going back in to recession? in in addition, want a clue to what balm's patriotic policies are? look at a france. today france instituted a 75% tax rate for millions. more taxes and spending is coming here and i will show you how. first up, 17 days since our ambassador and three american heros were murdered by terrorists in benghazi. the obama white house is chajing their story again tonight. listen to what susan rice told the sunday shows two weeks ago, that a was five days after the attack. >> what happened in benghazi is in fact initially a spontaneous reaction to what had transpired hours before in cairo. >> w
, the man who served as secretary for bill clinton. robert reich. and grover norquist, president of americans for tax reform. we're coming right back. >>> welcome back. something that very possibly could come up tonight is governor romney floating the idea of capping tax deductions at $17,000. would that effectively be a tax increase? and would it work to bring down the deficit? with us now robert reich who served as labor secretary under bill clinton and grover nor qui quist. >> he's made that commitment as has paul ryan and certainly the vast majority of republicans in the house. which is a commitment not to raise overall taxes. romney's committed to cutting all tax rates at least 20%. ryan and the house republicans want to go to a top rate of 25% corporate and individual. romney's made it clear. any changes are in the context of keeping overall taxes from going up and making sure the middle class doesn't get hit request higher taxes. it's not a tax increase, he's made that clear. >> mr. secretary, a lot of discussion about whether or not the wealthy or the middle class familie
outsourced his foreign policy to hillary clinton? and what about the incredible cover up of the libyan terrorist attack. this could be benghazi gate on the eve of the election. also this evening, mitt romney should draw a red line for middle income taxpayers and say you will not lose your deductions and you will get yours lower tax rates. he has to have a chris cal clear growth message in next week's debate. it could be his last chance. plus the nfl made a deal overnight and the real refs will be on the field this evening. this is a huge story where there were billions of dollars at stake. we have an exclusive new england patriots owner robert kraft joins me this evening. he is the first owner to speak out. all right. following monday's outburst by mahmoud ahmadinejad, it was israeli benjamin netanyahu's turn today. danielle lee joins us with the details. >> good evening. today prime minister netanyahu used a cartoon-like graphic to drive home his fear that iran could have a nuclear bomb completed by this coming summer. he said the time for peaceful negotiations is running out. from a
measure. we read your progress in the 23 million jobs created under bill clinton when the average american family felt income go up by 7,500 instead of down 2,000 like george w. bush. that that's the standard he set. he's a failure, the family income has gone down $4,000 in 3 1/2 years under obama compared to $2,000 under george w. in eight years. >> because of that family income, that's not a made up number, that's a government number. i think both of these guys should be looking for permanent middle class tax cuts. permanent middle class tax cuts so that take-home pay will go up. i'll give you the last word. >> i found myself strangely agreeing with your plan to cut the middle class and take away the deductions and keep tax rates for people who make a lot of money like you and i fairly high. i think that makes abundant good sense. but we're forgetting one thing. the biggest challenge may be even more than anything is our debt and our deficit. and i think with governor romney and paul ryan figured out was they can't give $5 trillion worth of tax cuts and still eat into the deficit, which
of three debates. we have an all star panel tonight. former congressman rick lazio and former clinton white house aide keith boykin. and herman cain tells us what it's like to debate kevin madden. it's all about leadership and leadership means taking control of the conversation. that's just my advice. in an anemic overall economy, we've seen some positives in recent days. the ism services surprised on the up side today, 15 million car sales yesterday and of course stocks have been rising since a year ago today. the s&p is up 32%. so things can't be all that bad. how will the investor class vote in 34 days? but first up, both mitt romney and president obama are in their respective hotel rooms now. they're making final preparations for the big debate and cnbc's own john harwood joins us live with the details. good evening, john. >> good evening, larry. two hours from that debate we've gotten a reminder in the last 24 hours with a slew of polls of how high the stakes are in this debate. we forget sometimes because we talk about how mitt romney is down in the race but he's still got a chance. o
four years, given what he was handed in this, when you heard bill clinton say that, bill clinton has not said that before. >> i could have done better. you could have done better. i think anybody who wasn't ideologically driven could have done better. >> what would you have done? >> sorry? >> the meaningful steps. >> what wouldn't you have done. >> we need jobs so therefore -- and we need exports so therefore the first thing you do is have the nlrb attack the number one exporter in the country on really preposterous grounds, then you in effect start yelling at business and threatening business and then you get on the tv and talk about las vegas and all of a sudden the hotel business dies. i mean, the answer is that we need leadership, not criticism. we need encouragement not discouragement and until that scenario changes i think the united states is quote/unquote, i hate to use this word, in a malaise. >> is that a function of new laws and legislation or a function of rhetoric? >> first of all it's both, okay, in other words, we hope that it's new laws. the reality is, it isn't new l
clinton as he spoke about clinton's effectiveness. what's going on from your view sitting on the board of cisco, having the experience that you've had at yahoo! tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine correctly. so i think you're going to see a push back towards a lot of enterprise apps that really figure out how it get information to the companies so they can actually be more personalized for the user, but easy to say, a lot to do. >> and really quick, on what you're seeing out there, how tough is europe right now for technology? what are you seeing in terms of the global slow down? >> well, europe continues to baffle us in general in technology. it looks like it's getting softer, not stronger. you know, companies that diversified over the past 20 years do make sure they had good portfolios in all the r
of the clinton global initiative, the annual gathering of leaders and bold-faced names to address some of the globe's most challenging dilemmas. many in the developing world lack access to clean drinking water. ceo of the world's largest beverage company, coca cola, and the inventor of the segue let me in on their plans to quench that thirst. >> so many lives are lost every single day because of lack of access to clean drinking water. when you think of the numbers in the world today, maria, there are roughly one out of six people in the world today do not have access to clean drinking water. >> so this is enabling you to get that clean water to the people who don't have access to it? dean, how does it work? >> it works exactly like nature does. you know, you get the oceans are full of saltwater, but when it rains it rains clean water. because the energy of the son evaporates only the clean, pure water. puts it in the clouds, condenses, comes down as rain. distilled water. we built a small box that is so efficient at reclaiming all the energy after it centurily boils and distills the wa
given bill clinton's speech and given the bump in the polls and the right track/wrong track stuff has improved. people have sort of come around to thinking that maybe it was a tough four years for anyone. can romney ever make the case that it is still a really bad economy that we're under? this is the worst recession. can he make it without looking nasty? >> i think he's got to make it. i think he's got to get people to look down the road and see the train wreck that's coming. >> not the one we've already had. >> 1.1 trillion in deficits racking up every year. we can run about 200 and keep the debt of gdp constant. which means we have a $900 billion tax increase coming. there's only about $1 trillion of income taxes. these are enormous tax increases that have to come. the president has fought every spending cut that's come along. he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win
for smoking a cigar? didn't jfk smoke? of course clinton, a very famous cigar smoker and all it implications there. and what about winston churchill, without his cigar, the icon wouldn't be quite the same. it's unfortunate that now you can't even smoke a cigar this public if you're a public figure. next you'll be saying the king of spain can't go elephant shooting. i don't know what the world's come to. >> should he go elephant shooting? >> probably not. >> no, he shouldn't, but he got caught doing that earlier this year. >> that's the point of the modern world. came back from a football match and the press wrote up the amount of money they spent on the lunch on his private jet. and the food bills and everything. you get called out for everything. >> yes. there was a story in the american newspapers yesterday about a new book about the presidential monarchy in america. and how many multiples of expense we spend on on our president in a year versus the british spending on their royal family. and i think it's quadruple. so it's a tough time in a period of austerity to be a public figure. >> no
president clinton that says that -- >> many thanks, nbc's pete williams. the justices are back at work, 37% of americans still have a negative view of the court and i think it's because the court unexpectedly played politics, feared left and sanctioned obama care, it's a 25-year high by the way on that unpopularity. chief justice roberts is going to steer the court left or right? what do you think robert costa on this point? does mr. justice roberts move back into his natural majority of conservatives? or is he going to play some more interesting games as he did with obama care? >> i think chief justice roberts can sew a big question mark into his robes. i have no idea after that obama care decision. i'm watching justice kennedy, he's the guy that's been flip-flopping right or left. >> this is interesting, on affirmative action t university of texas now is allocating racial quotas to be a tiny point of affirmative action. >> but they have lowered the amount that they have given to this racial point. to me that is exactly right. i just think that's sensible, not conservative or liberal. how
: hi, jim. boo-yah to you. >> i'll be there this weekend. clinton hill is coming back. go ahead. >> caller: we love you, jim. you do so much for us. >> thank you. >> caller: i want to know if i'm diversified. my first stock is target, second is sirius xm, third is clorox, fourth is disney and last is johnson & johnson. >> all right. let me go to work. the classic final station, 26 can't be beaten. sirius is entertainment. disney -- let's call it radio. that would conflict with disney. that's true entertainment. johnson & johnson, pharma. target one of the best retailers in the world. and clorox -- too much like johnson & johnson. this is tough. we are going to get rid of clorox and bring a little industrial in there. why don't we put in, yes, i don't mind saying it, ge, since it's one of the biggest positions in -- or you can do 3m. let's go to sandy in ohio. >> caller: boo-yah to you. calling to see if i am diversified. >> okay. >> caller: i've stocks are emc, procter & gamble, bristol-myers, conagra and votofone. >> high-yielding telco from europe. bristol-myers. conagra, what
president clinton was president. you know, there were plenty of people in 1993 who said that the 39% tax rate was going to wreck the economy. in fact, we had the best boom with the best benefits across the economic spectrum that the country's ever had, and that was a period when we made a lot of millionaires, we made a lot of deca millionaires, the stock market did fantastically well. i think it's a real irony, and this i would hope your listeners would keep in mind that the periods when many of those in business and concerned about income complain the most are the periods when they actually do the best. if you look at the strongest presidential terms for the market, it's the obama period, and it's the clinton period, and that's when the complaining was loudest. >> i know you have a plane you have to catch. we are sorry because we'd love to have you back again soon. please join us again soon. >> thank you. >> at the top of the hour we'll continue our discussion. >>> good morning, everyone. welcome back to "squawk box" on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin,
an incumbent with the safe pick, they've lost. >> bill clinton was not a safe pick. >> compared to -- >> he was not a safe pick. i'm saying you're right. he's a prime example of what you're talking about. >> bob dole was, john kerry was. >> right. >> and bill was swinging for the fences. he's just a dangerous dude. i like him now, but he is not a safe -- you never know what -- >> he's not safe. >> he's still not safe. >> you're absolutely right. but again, look at the safety guys. and they run a respectable race. but they rarely win. >> you're still a republican even though you have -- yes, where's your mike? oh, you got it, good. even though you have -- you're in business now and have a lot of clients on both sides of the aisle. and i understand that. i would assume with what you view, you're going to be disappointed in the way the government is run over the next four years. country's resilient. everything going to be okay for the next four years? >> well, i think that we need more seriousness in washington. i think we're much too bumper sticker oriented. i think there's way too much polit
hillary clinton says that the iranian government is to blame for the crash of that nation's currency, which has been plunging from economic sanctions over its nuclear program. that's sparking clashes in the streets of tehran right now where citizens are blaming iran's president mahmoud ahmadinejad, for the currency free fall. here are the details. >> iran's currency down 40% in a week, leading to those propests today in the grand bazaar. it's incredibly difficult to manage a business when the currency is shifting so rapidly in such a short period of time. riot police shut down the protest, also shut down the illegal, yet long tolerated, money changers in tehran. in january of 2011, one u.s. dollar cost 10,000 iranian rials. yesterday, 35,500. big change for one week. the tough economic sanctions mean almost no bank in the world will do business with iran. hence, the country can't sell its oil because no one will handle the transaction. it's led to an extreme shortage of dollars. sanctions also manke it difficut to import goods. they're in short supply. both those situations lead to m
. first he's got to find a way to dent the argument that bill clinton and barack obama made at the democratic convention about how president obama's done as well as anyone could do in turning the economy around the last four years. secondly, he's got to make a positive case with passion, with credibility for his own economic plans, for how he's going to make life better for 100% of americans. third, he's going to have to deal with that 47% video which has really taken a toll on his campaign. he's got to do all those things at the same time. we've seen the history of debates, tyler. it is not easy to fundamentally turn a race around but we have seen from our nbc/"wall street journal" poll that he's within three points nationally. still possible for him to win. got get going down. >> amman, there is some buzz about a plan that romney hs apparently floated for basically a $17,000 cap on tax deductions for americans. explain it. you've crunched the number. what's the headline here? >> tyler, the headline here is that the romney campaign e-mailed me this morning on this. they say
street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. do you think they can avoid having to ask for any government assistance? >> i think they're certainly going to try. but in terms of their market, it will be highly diluted, so it depends on how well it goes down with investors. the stock should open up in about ten minutes time. we've had a couple brokers
, but it was the greatest spectacle. i was on the edge of my seat. michael jordan was there. clinton called in. >> george bush was sitting next to michael jordan or near michael jordan. >> and 41 was there, too. >> yeah, my favorite was the tweet. they said, whatever, europe, go solve your debt crisis. >> yeah. >> that's kind of the sentiment. >> jack had talked earlier about the only thing that could get him away from football would have been the ryder cup. he saw probably every swing, too. >> i've had experiences myself with puts and stuff. and heart democratic break. so you have to feel like -- >> watching the reaction from both teams towards the end, they caught a couple in the "wall street journal." >> phil -- >> was that saturday? >> no, this was 17 after he would have -- justin rose hit that long put. phil can chip from behind the green on 17 and that would have won. that was -- >> tiger had one that almost went in. >> so that wasn't heartbreak there, he didn't know justin rose was going to hit a 30 footer and then win 18 either. what happened in homeland? explain to our viewers what it is. >> you
Search Results 0 to 17 of about 18

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